Deutsche Investment Management Americas Inc.
One Beacon Street
Boston, MA 02108
January 10, 2017
United States Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549
Attn: Marianne Dobelbower
Re: | Post-Effective Amendment No. 94 to the Registration Statement on Form N-1A of Deutsche Short-Term Municipal Bond Fund (the “Fund”), a series of Deutsche Municipal Trust (the “Trust”); (Reg. Nos. 002-57139; 811-02671) |
Dear Ms. Dobelbower:
In accordance with recent conversations between our offices, please be advised that, on behalf of the Fund, we hereby request selective review by the Staff of the Securities and Exchange Commission (“SEC”) of the above-referenced Amendment to the Trust’s Registration Statement (the “Amendment”), which was filed with the SEC on December 2, 2016 (Accession number: 0000088053-16-002948).
Specifically, we request that the Staff selectively review the disclosure contained in the Amendment that relates to Class T shares, which is a new class of shares that the Fund is registering pursuant to the Amendment. The Class T disclosure contained in the Amendment is substantially identical to the Class T disclosure contained in Post-Effective Amendment No. 139 to the Registration Statement on Form N-1A of Deutsche Global Income Builder Fund, a series of Deutsche Market Trust (Reg. Nos. 002-21789; 811-01236) (the “GIB Amendment”) (Accession No. 0000088053-16-002945). The Staff has completed its review of the GIB Amendment and provided comments on the Class T disclosure contained therein on Wednesday, January 4, 2017.
As noted above and as indicated in the original transmittal letter to the Amendment, the Amendment was filed principally to reflect the addition of Class T shares to of the Fund. Other than the new Class T disclosure, the Amendment does not contain any material changes to the Fund’s currently effective disclosure.
Please call me at (617) 295-1004 if you have any questions or comments. Thank you for your attention to this matter.
Sincerely,
/s/ Andrew Hone
Andrew Hone
Vice President
Deutsche Investment Management Americas Inc.
cc: John Marten, Esq., Vedder Price